Dollar eases against dong

By Hoang Phong    October 8, 2023 | 11:43 pm PT
Dollar eases against dong
An employee of the Korea Exchange Bank counts one hundred U.S. dollar notes during a photo opportunity at the bank's headquarters in Seoul April 28, 2010. Photo by Reuters
The U.S. dollar dropped against the Vietnamese dong on Monday.

Vietcombank sold the dollar at VND24,545, down 0.02% from last weekend.

The State Bank of Vietnam downed its reference rate by 0.02% to VND24,069.

The greenback was sold at VND24,660 on the black market, up 0.45%.

The dollar has risen against the dong by 3.43% since the beginning of the year.

Globally, the safe-haven dollar edged higher on Monday as violence in the Middle East spooked markets, while a blowout U.S. jobs report gave the greenback a further leg up, Reuters reported.

The greenback — seen as a haven in times of trouble — advanced 0.2% versus the euro and pound, while risk currencies such as the Aussie and kiwi weakened.

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